Apr. 10, 2024 By Ethan Marshall Queens accounted for the most foreclosures among the New York City boroughs in the first quarter of 2024, with 191, according to a report by the real estate agency PropertyShark. These 191 foreclosures accounted for 45% of the 424 cases that occurred in New York City this quarter. Its…
Read More
Apr. 8, 2024 By Ethan Marshall New York City has launched a housing lottery for 15 units in the 7-story residential building Haru Apartments, located at 138-25 Barclay Ave. in Flushing. There are a total of 48 residences at Haru Apartments, with 15 affordable units now available on the housing lottery. These affordable units consist…
Read More
Apr. 8, 2024 By Bill Parry
Before the shovels hit the ground on New York Mets owner Steve Cohen’s proposed $8 billion casino and entertainment complex in Corona, he would need new legislation allowing construction atop the public parkland where Shea Stadium once stood.
Apr. 3, 2024 By Ethan Marshall A Little Neck mansion at 53-27 254th St. has become the most expensive rental in Queens, with a monthly lease of $11,200. This Mediterranean style single-family home is more than 9,184 total square feet. Originally built in 2004, this property was once owned by New York Mets legend and…
Read More
Apr. 2, 2024 By Iryna Shkurhan Beech Hills co-op owners in Douglaston gathered on Monday morning to hear how northeast Queens lawmakers are working to shield them from bearing the brunt of the cost of the city’s ambitious climate law. Local Law 97 went into effect in 2019 with the goal of net zero carbon…
Read More
Apr. 2, 2024 By Ethan Marshall From 2012-2022, the housing stock in Queens County increased 8.5%, according to a study by the construction software, insurance and related services organization Construction Coverage. The percentage increase over the 10-year-period is the same as that of the entire country, based on the study where nearly 800 counties were…
Read More
Mar. 29, 2024 By Ethan Marshall The median asking price for rent in Queens jumped significantly from February 2023 to February 2024, according to a study conducted by the real estate firm StreetEasy. Year-over-year, the median asking rent rose 13.5%, from $2,599 to $2,950. This price increase is reflective of the fact that more people…
Read More
Mar. 27, 2024 By Ethan Marshall As Cord Meyer Development Company celebrates its 12oth anniversary, its impact on Queens cannot be overstated. Built on decades of accomplishment, the company remains firmly focused on the future, here in Bayside and beyond. Cord Meyer Development was officially incorporated in 1904 but its roots trace back to the…
Read More
Mar. 22, 2024 By Iryna Shkurhan Joseph M. Mattone, a towering figure in one of the world’s most formidable retail markets, died peacefully surrounded by his family at his home on Thursday, March 21, at the age of 92. A distinguished lawyer and real estate mogul, Mattone’s ascent through the ranks of real estate development…
Read More
Mar. 22, 2024 By Athena Dawson Members from the mayor’s office brought the Jamaica Neighborhood Plan to life with an exhibit, at Queens Central Library on 89-11 Merrick Blvd. The plan, launched in 2023, is an onging economic development project to revitalize Jamaica. The project’s vision is to make downtown Jamaica a desirable place…